MeridianLink: A Risky Bet Ahead Of Earnings
MLNK has soared so far in 2023, but a closer look suggests downside ahead
MLNK is a busted IPO from 2021. But the stock has rallied 25% off an all-time low reached last month.
In the context of a more optimistic market, and a still-reasonable valuation, the gains make some sense.
But this story looks more questionable the closer investors look, and 2023 looks likely to be a difficult year.
This isn’t a home run short but…